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Dealings in securities by directors of the Company and directors of major subsidiary companies
Capital Appreciation Limited
Incorporated in the Republic of South Africa
(Registration number 2014/253277/06)
Share Code: CTA
ISIN: ZAE000208245
(the "Company")
Dealings in securities by directors of the Company and directors of major subsidiary companies
In compliance with the JSE Limited ("JSE") Listings Requirements, shareholders are advised of the following information
relating to dealing in securities by directors of the Company and directors of major subsidiary companies.
The vesting occurred in terms of the Capital Appreciation Conditional Share Plan.
Name of director : Michael Pimstein
Position and Company : Executive Chairman: Capital Appreciation Limited
Class of securities : Ordinary shares
Nature of transactions : Automatic off-market vesting of share plan awards
Number of securities vested 3,573,210 share awards at R1,71 per share
Value of vesting transaction : R6,110,189
Nature and extent of interest : Direct beneficial
Name of director : Bradley Sacks
Position and Company : Chief Executive Officer: Capital Appreciation Limited
Class of securities : Ordinary shares
Nature of transactions : Automatic off-market vesting of share plan awards
Number of securities vested : 3,573,210 share awards at R1,71 per share
Value of vesting transaction : R6,110,189
Nature and extent of interest : Direct beneficial
Name of director : Alan Salomon
Position and Company : Chief Financial Officer: Capital Appreciation Limited
Class of securities : Ordinary shares
Nature of transactions : Automatic off-market vesting of share plan awards
Number of securities vested : 3,573,210 share awards at R1,71 per share
Value of vesting transaction : R6,110,189
Nature and extent of interest : Direct beneficial
Name of director : Michael Shapiro
Position and Company : Executive Director: Capital Appreciation Limited. Managing Director:
Synthesis Software Technologies Proprietary Limited
Class of securities : Ordinary shares
Nature of transactions : Automatic off-market vesting of share plan awards
Number of securities vested : 992,558 share awards at R1,71 per share
Value of vesting transaction : R1,697,274
Nature and extent of interest : Direct beneficial
Name of director : Steyn Basson
Position and Company : Executive Director: Synthesis Software Technologies Proprietary Limited
Class of securities : Ordinary shares
Nature of transactions : Automatic off-market vesting of share plan awards
Number of securities vested 669,977 share awards at R1,71 per share
Value of vesting transaction : R1,145,661
Nature and extent of interest : Direct beneficial
Name of director : Benjamin Powell
Position and Company : Managing Director: Dashpay Proprietary Limited
Class of securities : Ordinary shares
Nature of transactions : Automatic off-market vesting of share plan awards
Number of securities vested 893,303 share awards at R1,71 per share
Value of vesting transaction : R1,527,548
Nature and extent of interest : Direct beneficial
Name of director : Donn Engelbrecht
Position and Company : Managing Director: Payments Division. Managing Director: African
Resonance Business Solutions Proprietary Limited
Class of securities : Ordinary shares
Nature of transactions : Automatic off-market vesting of share plan awards
Number of securities vested 893,303 share awards at R1,71 per share
Value of vesting transaction : R1,527,548
Nature and extent of interest : Direct beneficial
Name of director : Barry Kruger
Position and Company : Director: African Resonance Business Solutions Proprietary Limited
Class of securities : Ordinary shares
Nature of transactions : Automatic off-market vesting of share plan awards
Number of securities vested 357,321 share awards at R1,71 per share
Value of vesting transaction : R611,019
Nature and extent of interest : Direct beneficial
All share awards were granted on 6 September 2021.
Vesting of all share awards took place on 6 December 2024.
The necessary clearances have been obtained as required in terms of the JSE Listings Requirements for all the
transactions.
13 December 2024
Sandton
Sponsor: Investec Bank Limited
Date: 13-12-2024 04:00:00
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